WEBELSOLAR trade ideas
Websol Energy || Shooting Up Star in process || Buying soon.Hi there trader, I have marked my analysis in the chart itself. Please feel free to drop any comments or drops if you have any.
New entries can only be initiated once you see a green candle on closing basis at a key zone level.
The risk:reward is more than 4.5 if a green candle forms.
Major support n resistance in websoloMajor support n resistance area is 82 to 89
if break 82 can more downside till 66 to 57
or else bounce bak from 82 possible to upward side
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Keep a eye on the stock !!Stock is currently in consolidation mode and stock be consolidating till its qauterly results are out after which stock can go in rocket mode.
Great stock with even great story behind the company keep tracking the stock and if possible do buy.
target 200+++ with a Sl of 101/99
renewable solar energy stock on momo playI was looking solar stock for long term investment (10 year-20 year)
this is my first test of such long term plan.
long at 53( 7% portfolio weight)
Sl 41
will add more: 80,100,110 and see the fruits if remain in play for long term.
this is my plan i am committed to execute its strictly.